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20130206
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Search Results 0 to 49 of about 92 (some duplicates have been removed)
technology. >>> policymakers in the united states feel their economy still need their help. what can you tell us? >> i've been reading through the stam and they feel there's been a pause in the u.s. economy and they're not yet confidence about the job situation. they want to see a lower unemployment rate. they will continue their current ease to support the economy. the u.s. federal reserve made the decision at a two-day meeting of it federal open market committee that ended wednesday. the policymakers said in a statement that growth and economic activity had paused in recent months. this was despite improvements in the housing market, personal spending and business the deraserve attributed the slow down to a high jobless rate and the effects of hurricane sandy which hit the u.s. east coast last year. the fed said it will continue buying mortgage backed securities and treasury bonds worth $85 billion a month. the key interest rate will be kept at virtually zero as long as the unemployment rate stays above 6.5%. the u.s. jobless rate stood at 7.8% in december. the u.s. economy shrank in the fi
prices. they're increasing sides that europe's economy is getting better. got some good earnings reports from some of the big companies. no matter what they want you do believe -- for today, at least -- the economy is looking up. i'm shepard smith. see you back here tonight on fox report. you'll be all right. [screaming] >> well, like the sequel to a 1950s horror film, only is this fly going to stick? welcome. i'm stewart in for neil cavuto. remember this, that fiscal cliff deal, huge amount in tax hikes. not much in the way of spending cuts. are we about to see the sequel? the president is calling on congress to pass another quick fix to avert those automatic spending cuts he originally signed off on, kicking in march 1 income, and this includes new tax revenues. the former south carolina senator jim demint says we have seen how the movie ins and it's not go. okay, jim, spell it out. more tacks and not so many spending cuts. what's the result? >> you have to scratch your head. the federal government will receive historically high tax revenues this year, yet we've double spending. it's a
a new set of challenges after the commerce department reported yesterday that the nation's economy shrank for the first time since the great recession. >> how did that happen? >> well, government data shows the gross domestic product contracted at a .1% rate in the fourth quarter of 2012. it was the first decline since 2009. it put the white house on the defensive after months of touting steady job growth. >> there's more work to do, and our economy is facing a major headwind which goes to your point, and that's republicans in congress. talk about letting the sequester kick in, as though that were an acceptable thing belies where republicans were on this issue not that long ago, and it makes clear, again, that this is political brinksmanship of the kind that results in one primary victim, and that's american taxpayers, the american middle class. >> okay. what do you think is going on there, joe? >> i think what's going on is that we have spent more money as a government over the past four years than we have in the history of the republic. added $6 trillion in debt. and we have just
the american economy and strengthen american families. third, creating an effective employment verification system that will prevent identity theft and and the hiring of future unauthorized workers. leslie, an approved process for admitting future workers to serve the nation's workforce needs while simultaneously protecting all workers. other bipartisan groups of senators have stood in the same spot before, trumpeting similar proposals. but we believe that this will be the year that congress finally gets this done. the politics on this issue have been turned upside down. for the first time ever, there has been more political risk in opposing immigration reform than supporting it. host: senator chuck schumer, outlining the details of the immigration reform agreement so far. here is the headline from "roll call," this morning. host: here to talk more about this story, the staff writer at "roll-call," humberto sanchez. have democrats been able to move the ball forward? caller: it appears so, but principle is a big step forward. senator schumer mentioned that. it has been tried for a couple of
somethings looking for a better life, better economy. promises made during the revolution. it never came through. the violence has decreased. nothing what we saw over the weekend. but you have people here defying the president's declaration of a curfew and emergency rule where we are in port said. the curfew is technically supposed to go in place in a few hours. but people have told the president, we know there is a curfew. we are protesting anyway. clearly defying him. >> who is in control on the streets? when you look at the pictures you say there is good news that the violence isn't what it was. is there a sense they will continue between the government and protesters that's playing out? lost the signal. we're going to try to get back to him as soon as we can. the turmoil in egypt. real concern for hillary clinton. she talked to cnn about those challenges and what she thinks egypt's struggling new government needs to do. >> it's difficult going from a closed regime and essentially one man rule to a democracy that's trying to be born and learn to walk. there are clear lessons. you have
. a serious slowdown in the economy, that is bad. that is how we start today, the good and the bad. good morning, everyone. the news we are just not growing. our economy is contracting. the economy is shrinking. what a way to start the second term and the president will take the heat with four years into a so-called recovery and failing to uncover real prosperity. now the good, good news on stocks. most people have a piece of a stock market. her money has been on a tear. with housing up as well, maybe middle america will get a wealth effect. "varney & co." about to begin. money. which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not rocket science. it's just common sense. from td ameritde. stuart: good morning, "varney & co." viewers. big trouble for boeing. in a report from japan says the batteries were a concern months before the first reported fire. in fact they h
is? but if you want to compete in the local economy you may want to brush up in one of the biggest economies. the u.k.'s next generation may not be able to compete on the global stage because there's not enough schools teaching mandarin chinese. the british council found only 3% of primary and 9% of secondary schools say their schools offer mandarin and china becoming the world's second biggest economy in 2011. so why should we learn this language? some say you are guaranteed a job if you learn it. >> it's what the chinese call chinese rice bowl. if you learn mandarin, you're made for life. i can think of two or three lads i've interviewed in schools in london were literally the age of 17 fighting off u.k. customers. three or four or five fighting off job offers. 150,000 with french and 200 ,000-plus with mandarin. >> you probably can't see these from where you're sitting. tiny things. canadian pennies. say goodbye. tell you about this story. they are getting rid of them. there are 6 billion in circulation but today is the day they are gone. >> thank you. >> well, say with us here
, so we can strengthen our economy, and strengthen our country's future. think about it. we define ourselves as a nation of immigrants. that is who we are, in our bones. the promise we see in those that come here from every corner of the globe, that has always been one of our greatest strengths. it keeps our recourse young, a key to our country on the cutting edge, and helped to build the greatest economic engine the world has ever known. after all, immigrants help to start businesses like google, and yahoo!, they created entire new industries that in turn created new jobs and new prosperity. in recent years, one in four high-tech start-ups in america were founded by immigrants. one in four new small business owners were immigrants, including right here in nevada. folks who came here seeking opportunity and now want to share that opportunity with other americans. but we all know that today we have an immigration system that is out of date and badly broken. a system that is holding us back, instead of helping us to grow our economy and strengthen our middle-class. right now, we have
number. we're warning, does it necessarily mean that the market has been wrong about the economy? or was it the one off and was it, you know, some special factors that caused that shrinkage and does it get revised back up and subsequent reports? i've heard a lot of places. this is the best negative gdp report. >> well, if you're going to have to pick a negative one, this would be it. >> but there was a lot of good stuff. >> it doesn't startle the market at all when it came out. >> i don't know whether they're whistling past the grape yard -- the mark was over a contraction, but not negative. >> they were looking for growth of 1%. >> so it was expected to be -- to go down. no one thought it would be negative. but if you're looking for 1% and you minus a tenth -- >> it's off by one. >> you think it's going to hit the unemployment rate? there's a big debate. >> i have no idea. >> i it probably won't this time around -- >> plus one or zero is not a big difference. the reality is you need 3% gdp growth. >> that's assuming that he needs an introduction. >> you're right, he doesn't. thi
be a different story. >> i would remind you that three of mind -- six of mine, three of them were the economy. and that really stunned everybody. >> and even getting into this, this is the experience of the league of women voters, they sponsored the debate in 1976 and 1984 and for the sake of transparency i was one of the reporters that ask questions in 1984. when we finished with that, they pulled out of the sponsorship and argued at the time that there was too much party interference and they said that they had no intention of becoming an accessory to the hoodwinking of the american public. i think that this is terribly tough language, but my question -- this is overstated. >> but my question to you is not as moderators but as reporters. is this something where there may be the beginning of too cozy a relationship between the parties, and the public? >> i really don't -- i did a foreign policy debate and two of my sections were the middle east. are you going to talk about foreign policy without talking about the middle east? this? >> if they don't want to do this, this is fine with me. >> o
had ended eventually, they will be right. if you keep predicting doom, sooner or later the economy will fall into recession and you will be right. the problem comes into timing. into what could potentially go wrong and how soon that could happen and how pervasive the weakness will be. certainly, you look at what the federal reserve was saying or what the treasury was saying at the time prior to the financial crisis. you know, the question is, do they mislead people? did they have a forecast that was contrary to what was prevailing? those are the questions that need to be answered. forecasting is hazardous. particularly, when it involves predictions about the future. mark twain said that. i do not know that, i do not know that you can make that a crime. connell: we rate every deal. we will see what eric holder has to say in a couple minutes. thank you for coming on. we will talk to you soon. dagen: somebody bought that and they turned blind eye to actually looking at securities in the portfolio. connell: it was was a messy time. dagen: barclays setting up a rainy day fund. more than
, the budget was lower than when he came in. that is the story now. how did he do that? did the economy grow a lot? unemployment was below 5%. the budget was balanced because of his own parsimony. how did he manage to make the budget go lower? how did that help the economy? it was a lot, he got the government out of the way of the economy. >> the life of the 30th president of the united states, "coolidge," on sunday, 8:00, on q&a. >> "washington journal" continues. host: we are back with congressman mcdermott, the ranking democrat on the house subcommittee. let me read to you from "the national journal bailey," and what they had to say about sequestration -- national journal daily," and what they had to say about sequestration. host: true, accurate reporting? caller: -- guest: as far as what i can tell, that is exactly what is happening. unfortunately for the american people, the leadership on the republican side is still acting as though the election never occurred. they have got to except that the people have said that they once what obama is doing. they reelected him overwhelmingly. and t
it. >> so much for that election day euphoria... >> the economy has now lost 650,000 jobs just in the past three months... >> all eyes are now on barack obama to turn it around... >> narrator: the cascade of bad news began with the economy. >> fear swept through the markets... >> he had to start thinking about this the day after he was elected. >> this was the most eventful and consequential presidential transition in american history. >> we were all worried about what we were seeing. we knew that the credit system was pretty quicklyeaded tords somethg that looked a lot like seizure. >> narrator: the president-elect was told that in the two months since lehman brothers crashed, the panic on wall street had only gotten worse. >> what we were facing was something that, really, he had never contemplated, never experienced. >> narrator: unemploymenwas nearly seven percent and climbing. the stock market was down more than 6,000 points. >> there was a growing sense of calamity. this could be the most climactic economic crisis in all of american history, that we were thatlose to a com
that three of mind -- six of mine, three of them were the economy. and that really stunned everybody. >> and even getting into this, this is the experience of the league of women voters, they sponsored the debate in 1976 and 1984 and for the sake of transparency i was one of the reporters that ask questions in 1984. when we finished with that, they pulled out of the sponsorship and argued at the time that there was too much party interference and they said that they had no intention of becoming an accessory to the hoodwinking of the american public. i think that this is terribly tough language, but my question -- this is overstated. >> but my question to you is not as moderators but as reporters. is this something where there may be the beginning of too cozy a relationship between the parties, and the public? i did ally don't -- foreign policy debate and two of my sections were the middle east. are you going to talk about foreign policy without talking about the middle east? >> it is so obvious, why do this? >> if they don't want to do this, this is fine with me. >> one thing you wan
. this is what i tell secretary geithner. the time has come, since our economies are connected, for there to be a positive movement in the european crisis, but then i think these budget negotiations, which are not based on simply -- based on human beings and republicans and democrats getting together. i think it is very doable and possible. one thing we have ignored at this meeting, there was an election that just happened, and the message of the election, i believe, is guys, women, you've got to get together, or there is going to be a third party. >> that is one of the reasons we have been having these conversations. >> but it is out now. it is on the cable channels, on the radio, online, in print. what happens now? >> i say i want to get on television with some facts. [laughter] here are few that have come out of this conversation. 16.9% of gdp, that is not because tax rates went down. it is because the economy went down. tax rates -- there is no revenue. [indiscernible] in the years before the collapse, the income as well over 18% of gdp. >> it has been over 18% twice. two y
. look what is going on in the u.s. economy because we got brand new jobs numbers that just came out and they show sluggish hiring in the month of january. the labor department reported that the national unemployment rate jumped a little bit, now 7.9% up from 7.8% from the previous month. that doesn't really include people who decided they wouldn't look for work anymore and dropped out of the workforce for the time-being. the latest report showed employers added 15,000 jobs last month, not enough to really stimulate the economy -- 157,000. or create a new jobs growth picture. bring in fox business network senior correspondent charles gasparino. what is your take on these? >> not uniformly terrible. we added jobs in prior months. revised some of the job additions upward. we did create jobs but what i will tell you is carry about this number the narrative remains the same. this is an extremely slow-growing economy that is producing jobs at a very meager rate. when more people look for jobs unemployment ticks up. a quirk in the numbers. takes too long to explain why. the narrative, mart
the economy -- raul castro has taken steps to stabilize the economy. many cubans say political reform is badly needed. >> these are not democratic elections. for me, democracy is like when you go and vote for president like chavez. you have many political parties and you push for the change you want in the country. >> for now, the government insists that the one-party system will remain intact with the communist party alone responsible for guiding the politics. what impact the assembly will have in the years ahead is yet to be seen. >> the baltimore ravens have won the super bowl for the second championship title. ravens fans celebrated in baltimore into the early hours after their team beat this entrant cisco 49ers before-31 -- the san francisco 49ers 34-31. there was a power outage for about half an hour. the biggest game of the season was staged in new orleans in the saints -- same stadium which housed thousands seeking shelter from hurricane katrina in 2005. >> it was a game that came down to the last two minutes. ravens were walking away with the first half. then there was a half-time bre
economy. it's about .2% compared to germany and france are double that, and the really generous gives are above .7. they're over three times, that people like swooden and norway. you could say your defense budget and aid budget, add those together, that's your international engagement. because we have by far the world's biggest defense budget and we have the biggest international engagement budget. the europeans choose to balance their international engagement into vaccines and aids drugs and things like that. so they're less about-- they're more about getting people lifted up so they can be self-sufficient. >> rose: you get a lecture last week, yesterday-- >> yes, yes. >> endowed by some journalists at the bbc, and what's interesting about it to me is you sailed three things. three convictions. the first was-- your work had given you three convictions. one-- i want you to elaborate on this-- when had gone improves life improves because disease and bad help insinuates itself into every aspect of your life. >> that's right. . in our country, kids have such a healthy life, that they go
we define growth which is causing very serious problems. the globalization of the economy which i believe has created a new entity that i call earth inc. where factories, where large corporations have virtual factories that span the globe. and they have a new relationship to labor, capital, natural resources, nation states, it's a completely new reality. and these and other-- including the rise of china, other emergent centers of power, the roll of the u.s. changing, something we need to address as americans, and i set out to try to discover how these multiple revolutionary changes are interrelating one to the other and what choices they pose to us. how we really have to get involved in steering our way into the future, and choosing options tt n keit better than it otherwise might be. >> in order to take advantage of all these forces, though, you also suggest that democracy in part has been hijacked, that washington has become dysfunctional. >> yeah. >> and that threatens our ability to use all the tools. >> absolutely. we have two macro tools to use in shaping our future, roughly
. the economy, the oil industry, electricity and different things. so when those o things were unhinged, not only did sectarian plussations come up, but they weren't a civil war waiting to happen. they weren't as strong as that. but when you cut everything else, you suddenly cause things to happen. if you think about it, you're a civil servant who lives in baghdad, and you've got a job in the government, you're in the baath party or something like that. you lose your job either because you're a baathist or things happen, and you lose your job. now you're live anything baghdad and you don't have electricity, and it's 125 in the summer. now, live in a place where it's 125 degrees, you have no job, you've got a wife, several children. several things have happened. one, you didn't like saddam hussein, but you had a job, you could take care of your family, and you didn't have foreigners driving around looking at though they are occupiers whether they are or not. so you get all the negatives of seeing a foreign opposing power and none of the positives of having saddam hussein overthrown. life
news of the day. here's hari sreenivasan. >> sreenivasan: the u.s. economy grew in january, but not enough to slow down unemployment. u.s. employers added 157,000 jobs last month, but the unemployment rate still ticked up to 7.9%, showing job availability isn't keeping pace with the number of people who want to work. the labor department figures also painted a better picture for hiring at the end of 2012. white house press secretary jay carney welcomed that news, but said it was not good enough. >> we still have work to do and we need to make sure that when we device economic policies and we negotiate with congress on how to move forward, that we cannot neglect the essential responsibility to insurance that the policies we put in place promote job creation, promote economic growth. >> sreenivasan: on wall street, the jobs numbers pushed the dow jones industrial average above 14,000, a level it hasn't reached since 2007. the dow was up 149 points to close above 14,009. the nasdaq rose 37 points to close at 3,179. for the week, the dow gained three-quarters of a percent, and
it fits into the economy. he is pushing for bipartisan strategy lawmakers for immigration reform and the passes. a week ago a group of 8 senators from both sides of the aisle republican and democrats outlined principles calling for tighter border security, a guessworker program a pathway to citizenship and employment verification. >>> to think that 11 million are living among us without document station. we need to give them a chance to earn their way through citizenship by paying taxes, establishing they are no threat to america by their background and meet the basic standards we require. >> both sides appear to be willing to get the job done he cautioned if the plan does not include border security at that point it may not get done. >> the right kind of bill will benefit both parties president obama will get the achievement he fail to do deliver on in the first term and republicans can put the issue bind them. a bad bill will hurt the country. >> rove's success with immigration reform will be president obama how he accepts or declines or will he go with his own plan which may p
: the u.s. economy grew in january, but not enough to slow down unemployment. u.s. employers added 157,000 jobs last month, but the unemployment rate still ticked up to 7.9%, showing job availability isn't keeping pace with the number of people who want to work. the labor department figures also painted a better picture for hiring at the end of 2012. white house press secretary jay carney welcomed that news, but said it was not good enough. >> we still have work to do and we need to make sure that when we device economic policies and we negotiate with congress on how to move forward, that we cannot neglect the essential responsibility to insurance that the policies we put in place promote job creation promote economic growth. >> sreenivasan: on wall street, the jobs numbers pushed the dow jones industrial average above 14000, a level it hasn't reached since 2007. the dow was up 149 points to close above 14,009. the nasdaq rose 37 points to close at 3,179. for the week, the dow gained three-quarters of a percent, and so did the nasdaq. the obama administration announced new rules today
economy, if you will, a more and more consumers are using their debit card. more and more consumers are using their credit cards. >> a penny fear your thoughts, or lucky penny or things like that. martha: the u.s. is wrestling with the same issue. you know when you go to buy something and you have the canadian penny. gregg: you should patiently take them out. i put them all in a jar and once a year i take them down to the bank and i get $10. martha: that's what guides are for. get them to roll them up. gregg: welcome to bin ladenland. pakistan to build an amusement park in the very town where a team of u.s. navy seals killed the al qaeda leader. eric, what are they planning? >> reporter: imagine you win the super bowl and they say what are you going to do now? you say i'm going to abbottabadland. the notorious town where usama bin laden was killed by navy seals in 2011. it will start at 50 acres. they hope to go up to 500 acres. it will include a heritage park, jogging trails, rock climbing. mini golf, everything for a well-heeled pakistani family to go to for the weekend. it turns
in chinese cyber attacks a threat to the u.s. and its economy. the moves come after "the washington post", "the new york times" and "the wall street journal" announced recent attacks on their computer systems suspected of original senating from china. social media site twitter as you say said friday dreamly sophisticated hackers from an unidentified source may have stolen the user names, e-mail addresses and passwords of 250,000 customers. now the u.s. has made little progress in negotiations with the chinese to stop this kind of hacking. now the u.s. is considering new economic and diplomatic steps to prevent it and according to "the financial times", more information-sharing between washington and private companies to protect critical systems and infrastructure like power grids and communications systems. >> we, you know, have had and been very clear about our substantial and growing concerns about the threats of economic to economic national security posed by cyber intrusions including the theft of commercial information. we have been clear with the government of china we need to cont
to emerging markets and natural resources but japan's sluggish economy forced its leaders to cut oda. they slashed it to less than half of what it was at its peak in the 1990s. however, they're determined to maintain a presence so they've come up with a new strategy. nhk world explains. >> reporter: senegal, western africa. for years, a japanese government agency called the japan international cooperation agency, has provided aid to the country. last year in this village, japan installed a system to purify water. the program helped. the system uses water. even though this is a project, a private company does the filtering free of charge. >> tasty. >> translator: now we don't get sick after drinking water. >> reporter: at the moment, the group is working on the aid project with private companies. until recently, the agency planned the projects. then it commissioned private companies to carry them out. but the japanese government pays the bill. under the new system, it's the company that does all the planning. jica pays up to $560,000 in research fees. the other company pace the costs.
for the economy. >> and it is the initiate new discoveries and create jobs here in the united states of america. we want to grow our economy and strengthen the middle class. >> until the u.s. border is secured marko rubio didn't think it was good to offer up a new path way to citizen >> i am not in favor of that. what keeps me up is the terrorist coming across the border in the north and stouth . that leads to the possibility. it is it about our sovereignty and immigration. >> democratic shumir is part of the group and said they're working to clearly explain on paper the definition of a secure border so discussion about reform can move forward without confusion. harris? >> peter, thank you. from immigration to another tough issue in washington. gun control is front and this is it a picture of the president obama skeet shooting in camp. he goes skeet shooting all . time and understands the concern of gun owners it came out two days before time for president obama to travel to travel to minnesota. the photois not new but taken in august. >> kick off. less than 24 hours away. baltimore ravins and
for the economy. we're already contracting, already got unemployment going up. as the president said high gas prices are like a tax that affects everybody. you keep going up with gas prices and you're taking money out of the economy all over again. >>brian: that's good news for the vault. -- good news for the volt. >> you heard the latest. there is a proposal to tax how many miles you drive as opposed to how many gallons of gas you consume. because they're losing money on the gas tax. so they want to make it up on volt drivers who are driving a lot of miles but not using gas. >>steve: are they going to have people alongside the road. "okay, that's one." >> this is a big issue. this might have an electronic tkpweuz mow in your -- gizmo in your car that tells the government how much you drive. >>brian: stuart varney, 9:20 on the fox business network. >> that's an old picture fortunately. >>brian: stuart, congratulations. >>steve: a five-year-old boy freed, his mad man captured, dead. dr. keith ablow on why this shouldn't have happened in shouldn't have happened in the first place. [ woman ] rin
at that number it as pretty low number when you consider $4 trillion. >> oh, yeah. >> the economy to try to get the jobs market going. also when you think about the fact that the jobs council after having a few meetings they decided they didn't need that any more. >> he didn't use them anyway. >> a lot of breaking news this morning on a friday. another u.s. embassy s under attack. this time in turkey. record reports of a homicide bomber setting off an explosive device killing himself and at least one other person. >> it is the 8th embassy attack during senator clinton, well, senator clinton's rein as secretary of state. >> unusual to see this type of thing happening in the beating heart of the capital. >> it is a terrorist attack. >> the attack itself is clearly an act of terror. >> here comes the biggest live television event in the world. and some of the best and worst of madison avenue. >> there are two sides to go daddy. the sexy side represented by bar and the smart side represented by walter. together they're perfect. ♪ >> now, you will see much more of the super bowl ads in just minute
Search Results 0 to 49 of about 92 (some duplicates have been removed)